2021-12-31-accounts - The Kenelm Youth Trust Limited

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				Page
Report ofthe	Trustees
Report ofthe	Independent	Auditors		12
Consolidated	Statement of	Financial	Activities	16
Consolidated	Balance Sheet			17
Consolidated	Statement ofCash Flows			18
Notes to the	Consolidated	Statement	ofCash Flows	19
Notes to the	Consolidated	Financial	Statements	20

				Unrestricted	Restricted	Total	Total
			Note	Funds	Funds	Funds	Funds
				2021	2021	2021	2020
Income:
Grants and donations				632,498	216,770	849,268	1,095,367
Charitable activities				308,954		308,954	251,762
Trading activities				82,137		82,137	28,547
Fundraising				5,922		5,922	1,539
Investments				685		685	214
Other				5,769		5,769	5,299
Total income				1,035,965	216,770	1,252,735	1,382,728
Expenditure:
Costs ofgenerating	grants and donations			36,230		36,230	42,252
Charitable activities				705,790	269,122	974,912	914,298
Trading activities				5,695		5,695	10,050
Fundraising				7,384		7,384	12,072
Governance costs				52,421		52,421	61,975
Total expenditure				807,520	269,122	1,076,642	1,040,647
Net income/(expenditure)		for the year		228,445	(52,352)	176,093	342,081
Transfers between	funds			34,485	(34,485)
Net movement in funds				262,930	(86,837)	176,093	342,081
Total funds brought	forward			545,]85	247,130	792,315	450,234
Total funds carried forward				808,115	160,293	968,408	792,315

				Group	Group	Charity	Charity
				2021	2020	2021	2020
			Note
Fixed assets
Tangible assets			13	203,373	187,452	203,373	187,452
Investments			14			I	I
				203,373	187,452	203,374	187,453
Current assets
Debtors			15	285,258	141,076	285,258	149,014
Cash at bank			16	713,972	586,366	640,070	562,354
Cash in hand				1,893	1,807	1,893	1,807
				1,001,123	729,249	927,221	713,175
Liabilities
Creditors: Amounts		falling due
within one year			17	(236,088)	(124,386)	(227,603)	(118,421)
Net current	assets			765,035	604,863	699,618	594,754
Net assets				968,408	792,315	902,992	782,207
The funds ofthe charity
Unrestricted	income funds		21	808,115	545,185	742,699	535,077
Restricted income funds			20	160,293	247,130	160,293	247,130
				968,408	792,315	902,992	782,207

						Group	Group	Charity	Charity
						2021	2020	2021	2020
					Note
Cash flows from operating			activities			185,448	324,874	135,558	349,471
Cash flows from investing			activities
Purchase oftangible	fixed	assets				(57,756)	(78,548)	(57,756)	(78,548)
Change in cash and	cash	equivalents		in	the year	127,692	246,326	77,802	270,923
Cash and cash equivalents		at the beginning
ofthe year						588,173	341,847	564,161	293,238
Cash and cash equivalents			at the end
ofthe year						715,865	588,173	641,963	564,161

			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
Grants - Diocese ongoing grants			380,319		380,319	405,672
Grants - Diocese Castle maintenance						35,000
Donated facilities - rent free premises			45,600		45,600	45,600
Government	coronavirus support	grants	116,451		116,451	250,451
Other grants	and donations		90,128	216,770	306,898	358,644
			632,498	216,770	849,268	1,095,367
INCOME FROM CHARITABLE ACTIVITIES
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
Alton Castle			228,649		228,649	181,514
Soli			34,805		34,805	14,991
BCYS			7,363		7,363	8,325
Lay Chaplaincy			38,137		38,137	46,932
			308,954		308,954	251,762

		Unrestricted	Restricted	Total	Total
		Funds	Funds	2021	2020
Bank interest receivable		685		685	214
COSTS OF GENERATING	GRANTS AND DONATIONS
			2021		2020
	Direct
	Charitable	Support
	Expenditure	Costs	Grantmaking	Total	Total
Grants and donations		36,230		36,230	42,252

EXPENDITU	R	E ON CHARITABLE	ACTIVITIES
					2021		2020
			Direct
			Charitable	Support
			Expenditure	Costs	Grantmaking	Total	Total
Unrestricted	funds
Alton Castle			82,643	386,741		469,384	506,335
Soli			11,071	99,166		110,237	188,578
BCYS			3,843	88,788		92,631	138,413
Lay Chaplaincy			905	32,633		33,538	34,879
Total unrestricted		funds	98,462	607,328		705,790	868,205
Restricted funds
Alton Castle			86,807	120,797		207,604	6,602
Soli
BCYS
Lay Chaplaincy			21,784	39,734		61,518	39,491
Total restricted	funds		108,591	160,531		269,122	46,093
Total charitable		activities expenditure	207,053	767,859		974,912	914,298

		Wages				Information
		and	Personnel	Establishment	Maintenance	Technology
		Salaries	Costs	Costs	Costs	Costs
Allocated to charitable activities:
Alton Castle - unrestricted	funds	180,219	40,827	67,230	74,812	4,610
Alton Castle - restricted funds		57,721	1,564	18,479	23,284	2,539
Soli - unrestricted funds		55,999	8,164	22,118	5,604	702
Soli - restricted funds
BCYS - unrestricted funds		83,371	1,468	551	18	148
BCYS - restricted funds
Lay Chaplaincy - unrestricted funds		26,303	2,215	913	93	769
Lay Chaplaincy -restricted	funds	39,734
Total allocated to charitable	activities	443,347	54,238	109,291	103,811	8,768
Allocated to voluntary income		30,605	265	1,480	150	1,246
Allocated to governance costs		39,750	339	986	100	830
		513,702	54,842	111,757	104,061	10,844
				2021		2020
		Legal and
		Professional		Office
		Fees	Marketing	Costs	Total	Total
Allocated to charitable activities:
Alton Castle - unrestricted	funds	2,658	1,357	15,028	386,741	461,994
Alton Castle - restricted funds		11,176	419	5,615	120,797
Soli - unrestricted funds		405		6,174	99,166	184,422
Soli - restricted funds
BCYS - unrestricted funds		85	106	3,041	88,788	135,672
BCYS - restricted funds
Lay Chaplaincy - unrestricted funds		443		1,897	32,633	32,958
Lay Chaplaincy - restricted	funds				39,734	19,381
Total allocated to charitable	activities	14,767	1,882	31,755	767,859	834,427
Allocated to voluntary income		718		1,766	36,230	42,252
Allocated to governance costs		9,239		1,177	52,421	61,975
		24,724	1,882	34,698	856,510	938,654

			Trading					Lay
			Activities	Alton Castle	Soli	BCYS	~Cha	lainc
Deferred income	at 1st January 2021
and released to	incoming	resources	4,500	19,718	2,509			20,808
Income received	in year		84,862	315,963	45,646	7,363		32,829
Deferred income	at 31st December 2021		(7,225)	(107,032)	(13,350)		(15,500)
			82,137	228,649	34,805	7,363		38,137

		2021	2020
Charitable activities and administration		25	31
The aggregate	payroll costs ofthese persons were as follows:-
		2021	2020
Wages and salaries		424,734	576,590
Social security	costs	28,575	36,579
Pension costs		54,057	61,354
		507,366	674,523

MOVEM	ENT IN TO	TAL FUNDS FOR	THE YEAR
				2021	2020
Movement	in total funds for the year is stated after charging:
Depreciation oftangible		fixed assets		43,849	33,682
Auditors'	remuneration	-audit work		8,760	8,460
Auditors'	remuneration	- other accountancy	work	3,695	3,760

account ofthe parent chari	account ofthe parent chari	ty is not presented as a	primary statement in the	se financial state	ments.
The statement offinancial		activities ofthe charity	alone is as follows:
			Unrestr'icted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2021	2021	2021	2020
Income:
Grants and donations			642,606	216,770	859,376	1,144,505
Charitable activities			308,954		308,954	251,762
Trading activities			12,054		12,054	13,247
Fundraising			5,922		5,922	1,539
Investments			685		685	214
Other			5,769		5,769	5,299
Total income			975,990	216,770	1,192,760	1,416,566
Expenditure:
Costs ofgenerating	grants	and donations	36,230		36,230	42,252
Charitable activities			705,790	269,122	974,912	914,299
Trading activities			2,288		2,288	6,117
Fundraising			7,384		7,384	12,072
Governance costs			51,161		51,161	60,714
Total expenditure			802,853	269,122	1,071,975	1,035,454
Net income/(expenditure)		for the year	173,137	(52,352)	120,785	381,112
Transfers between	funds		34,485	(34,485)
Net movement in funds			207,622	(86,837)	120,785	381,112
Total funds brought	forward		535,077	247,130	782,207	401,095
Total funds carried	forward		742,699	160,293	902,992	782,207

	Improvements	Household	Motor	Office	Office
	~to Pro e	EttEutrment	Vehicles	~Eui	ment	Total
Cost
At 1st January 2021	93,143	203,748	20,865		13,424	331,180
Additions		59,770				59,770
Disposals
At 31st December 2021	93,143	263,518	20,865		13,424	390,950
Depreciation
At 1st January 2021	10,179	113,070	14,679		5,800	143,728
Charge for the year	2,070	37,002	1,546		3,231	43,849
Disposals
At 31stDecember 2021	12,249	150,072	16,225		9,031	187,577
Net book value
At 31st December 2021	80,894	113,446	4,640		4,393	203,373
At 31st December 2020	82,964	90,678	6,186		7,624	187,452

Shares in Group
~Undertakin e

					2021	2020
Turnover					75,358	21,915
Expenditure					(9,942)	(11,807)
Profit for the financial			year		65,416	10,108
Retained	earnings	at beginning ofyear			10,108	49,138
GiA aid	donation	to The Kenelm Youth Trust		Limited	(10,108)	(49,138)
Retained	earnings	at end ofyear			65,416	10,108
The assets and liabilities ofKenelm Hospitality				Limited are:
Current	assets				73,902	24,012
Current	liabilities				(8,485)	(13,903)
Aggregate share		capital	and reserves		65,417	10,109

DEBTORS:	AMOUNTS FALLING DUE WIT	HIN ONE YEAR
		Group	Group	Charity	Charity
		2021	2020	2021	2020
Trade debtors		75,510	8,700	75,510	8,700
Amounts owed by group undertakings					7,938
Other debtors		194,257	119,772	194,257	119,772
Prepayments	and accrued income	15,491	12,604	15,491	12,604
		285,258	141,076	285,258	149,014

CASH	AT BANK
		Group	Group	Charity	Charity
		2021	2020	2021	2020
Current	accounts	124,727	77,282	50,825	53,270
Deposit	accounts	589,245	509,084	589,245	509,084
		713,972	586,366	640,070	562,354

		Group	Group	Charity	Charity
		2021	2020	2021	2020
Trade creditors		84,154	20,584	84,154	20,379
Other creditors		17,052	3,337	17,052	3,337
Taxation	and social security	27,811	37,573	27,811	37,573
Accruals		21,664	15,357	20,404	14,097
Deferred	income	85,407	47,535	78,182	43,035
		236,088	124,386	227,603	118,421

			Balance at	Incoming	Outgoing		Balance at
			01.01.2021	resources	resources	Transfers	31.12.2021
Lay Chaplaincy			21,074				21,074
Helen Scahill Memorial Fund			3,698		(754)		2,944
Children on Retreat			9,774				9,774
Support Fund for Girls			36,664		(418)		36,246
Refurbishment			13,954		(1,575)	(12,379)
The Clive and Sylvia Richards Charity			6,017		(6,017)
DM Thomas Foundation			4,000		(4,000)
Grantham Yorke Trust			2,500		(2,500)
Michael Marsh Charitable			5,000		(3,473)	(1,527)
Maurice and Hilda Laing Trust			5,000			(5,000)
Assumption Legacy Fund			20,000		(20,000)
Holy Child ofJesus			20,000		(4,421)	(15,579)
The Brian Shaw Memorial	Fund (1)		1,000				1,000
The Brian Shaw Memorial	Fund (2)			900			900
Stitchting Benevolentia			53,605		(49,542)		4,063
Allchurches Trust Limited			9,904		(1,976)		7,928
29th May 1961Charitable	Trust		3,000	3,000			6,000
Baron Davonport Trust			1,000	1,000	(2,000)
The Culture Recovery Fund		for Heritage	30,940	192,000	(158,503)		64,437
Diocesan Education Service				10,000	(10,000)
The Hedley Foundation				3,000			3,000
Persimmon Charitable Foundation				1,000	(943)		57
Gowling (WLG) Charitable		Trust		500			500
Sir Harold Hood's Charitable		Trust		3,000	(3,000)
Souter Charitable Trust				2,370			2,370
			247,130	216,770	~269, 122	~34,486	160,293

			Balance at	Incoming	Outgoing		Balance at
			01.01.2020	resources	resources	Transfers	31.12.2020
Lay Chaplaincy			21,074				21,074
Helen Scahill Memorial	Fund		2,873	875	(50)		3,698
Children on Retreat			9,774				9,774
Support Fund for Girls			37,664		(1,000)		36,664
Refurbishment			27,340	18,138	(797)	(30,727)	13,954
Major Works/H&S			1,508	35,000	(2,212)	(34,296)
The Clive and Sylvia Richards Charity			6,500		(483)		6,017
DM Thomas Foundation				4,000			4,000
Grantham Yorke Trust				2,500			2,500
Michael Marsh Charitable				5,000			5,000
Maurice and Hilda Laing		Trust		5,000			5,000
Assumption Legacy Fund				20,000			20,000
Holy Child ofJesus				20,000			20,000
The Brian Shaw Memorial		Fund		1,000			1,000
Stitchting Benevolentia				85,000	(31,395)		53,605
Allchurches Trust Limited				17,000	(7,096)		9,904
The John Avins Trust				1,000	(1,000)
George Henry Collins Charity				1,000	(1,000)
29th May 1961Charitable		Trust		3,000			3,000
Baron Davonport Trust				1,000			1,000
The Culture Recovery Fund for Heritage				32,000	(1,060)		30,940
			106,733	251,513	~(46,093	~65,023	247,130

UNRES	TRICTED INC	OME FUNDS
			~Gruu	Charith
Balance	at 1st January 2021		545,185	535,077
Net income for the year			228,445	173,137
Transfers	from restricted	funds	34,485	34,485
Balance	at 31stDecember	2021	808,115	742,699
Balance	at 1st January 2020		343,501	294,362
Net income for the year			136,661	175,692
Transfers	from restricted	funds	65,023	65,023
Balance	at 31stDecember	2020	545,185	535,077

funds by the truste	es	for specific purposes:
				New	Funds
			Balance at	Designa-	Undesig-		Balance at
			01.01.2021	tions	nated	~Ex euditure	31.12.2021
BCYS			57,913				57,913
Refurbishment			30,000		(16,391)	(337)	13,272
The Culture Recovery Fund for Heritage			43,973	52,900		(96,873)
Ropes course			12,181	2,000		(14,181)
COVID-19 recovery		fund	33,000				33,000
Guild Hall RoofRepairs and Insulation				60,000			60,000
Moutain Bikes - Alton Castle				5,000			5,000
WYD Lisbon				15,000			15,000
Bikes - Soli				5,000			5,000
Health and Safety	projects			25,000			25,000
Disabled Access				25,000			25,000
Repair Main Gates	to Alton Castle			12,000			12,000
Alverton Building	Refurbishment			10,000			10,000
Replace Bunk Beds				15,000			15,000
Upgrade Conference		Facilities		10,000			10,000
			177,067	236,900	~16,391	~tt 1,391	286,186

			New	Funds
		Balance at	Designa-	Undesig-		Balance at
		01.01.2020	tions	nated	~Ex eeditere	31.12.2020
BCYS		57,913				57,913
Refurbishment	fund	12,539	33,000	(15,539)		30,000
The Culture Recovery Fund for Heritage			86,400		(42,427)	43,973
Ropes course			12,181			12,181
COVID-19 recovery fund			33,000			33,000
		70,452	164,5111	~15,539	~42,427	177,067

ANALY	SIS OF GROUP NET ASSETSBET	WEEN FUNDS
			2021
		Unrestricted	Restricted	Total
		Funds	funds	Funds
Tangible	fixed assets	203,373		203,373
Current	assets	840,830	160,293	1,001,123
Current	liabilities	(236,088)		(236,088)
		808,115	160,293	968,408
			2020
		Unrestricted	Restricted	Total
		Funds	funds	Funds
Tangible	fixed assets	187,452		187,452
Current	assets	482,119	247,130	729,249
Current	liabilities	(124,386)		(124,386)
		545,185	247,130	792,315